Panama is about 17 times smaller than Peru.

Peru is approximately 1,285,216 sq km, while Panama is approximately 75,420 sq km, making Panama 5.87% the size of Peru. Meanwhile, the population of Peru is ~32.3 million people (27.9 million fewer people live in Panama).
This to-scale comparison of Peru vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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